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Portugal T-bill yield rises after ratings cut

2011-07-07 2 Dailymotion

Portugal's borrowing costs rose on Wednesday in an auction of government bonds maturing in three-months time. The amount of interest Lisbon had to offer to encourage investors to longer-term buy bonds soared. The auction was held hours after Moody's slashed the country's credit rating and warned it may need a second bailout. ... http://www.euronews.net/

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